Tue.Jun 01, 2021

article thumbnail

State Discounts for Sales Tax

TaxConnex

Collecting and remitting sales tax can be onerous – and expensive – for any business. That’s one reason some states give a collection discount to help with the costs of managing sales tax. States offer it as a way of helping to pay administrative costs of compliance. And if it sounds like free money, it can be if your company knows how to take advantage of it in states where you have nexus.

Sales 232
article thumbnail

Claiming the Business Energy Credit for Using Alternative Energy

RogerRossmeisl

Are you wondering whether alternative energy technologies can help you manage energy costs in your business? If so, there’s a valuable federal income tax benefit (the business energy credit) that applies to the acquisition of many types of alternative energy property. The credit is intended primarily for business users of alternative energy (other energy tax breaks apply if you use alternative energy in your home or produce energy for sale).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Defining Material Participation

CTP

If you haven’t looked at last week’s blog (“Reclassifying Non-Passive Income”), we suggest you do that first. Last week, we focused on classifying activities as either passive or non-passive. This week, we want to look at the rules of material participation. When intentionally trying to recharacterize income from non-passive to passive, we need to prove […].

96
article thumbnail

Ultimate List of Small Business Grants for 2021 [Local, Private, and Federal Grants]

LyfeAccounting

Today, we are here to help you find grants for your business – basically free money that does not have to be paid back. There are many places to look for grants. But they often overly priced, overly confusing to navigate, or extremely outdated. So, we’ve compiled a list of the best grants and places to find grants to save you time and money.

article thumbnail

How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

article thumbnail

Bank Statements in a Divorce

FraudFiles

When there are suspicions of hidden income or secret investments or bank accounts, an analysis of known bank accounts can reveal helpful details. Tracy Coenen explains how bank statements and credit card statements can be used by a forensic accountant in a divorce or child support case.

article thumbnail

Surprise Them

RitaKeller

“The biggest room in the world is the room for improvement.” – Harvey Mackay. If you want to retain clients, you need to really get to know them. I don’t mean getting know what services they want and need from your firm. I mean getting to know them as a person. We have just been through graduation season for high school and college students.

Sports 45